RIYADH: Saudi Arabia’s defense sector needs an efficient local supply chain to ensure reliability, as international supplies are often impacted by political scenarios, according to Walid Abukhaled, CEO of Saudi Arabian Military Industries. Speaking at a panel discussion during the Public Investment Fund Private Sector Forum in Riyadh, Abukhaled said that SAMI now has 8,845
Saudi industrialisation and energy group Taqa has joined hands with Iceland-based Reykjavik to launch a new venture in Riyadh for developing geothermal resources in the region and thus contributing to its green initiatives decarbonisation targets.
RIYADH: Clean energy provision in Saudi Arabia and the Middle East has received a boost after Dhahran-based The Industrialization & Energy Services Co., also known as TAQA, entered into a joint venture with Icelandic firm Reykjavik Geothermal to provide one gigawatt of green power to the region. Called TAQA Geothermal Energy, the joint venture will explore and develop